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dealers. >> maryland basketball tonight. looking good? >> at barclays center. it should be a show tonight. like i said, it will be a show. maryland playing at the new barclays center against powerhouse ky. he just lost out on the terrace and trains to coach calipari. they do not need any help, at least on paper. maryland is the underdog in this contest, no doubt, but they will not let that or sees an opening night jitters stop them. >> seeing dick vitale over there, i will have to temper that. they will be juiced up. i hope they will be locked in to the game plan. as long as they play how we practice, that's all that matters. a long as they try to do the right thing, that is what the coaches look for. >> georgetown is kicking off another season tonight in jacksonville fla. the aircraft carrier game was so popular they inspired three more of them this year. they will play the 10th ranked university of florida at 9:00. florida alum would likely be watching his gators but he is back at home at work. the wizards are 0-3. they're staying in the game and forcing overtime. he picked up a career
parents can dooabout it. i'm janice pprk live aa barclay and 21st in east intersections that won't havee a crossing guards starting tomorrow. coming up after the the city explains why..- ask any school g@gooww crossing guard...and they'll tell you about the closs calls they've encountereddtookeep kids safe. safe..anice park streaming us why more than 60 baltimoree - citt intersecttons will áno lonner have sccool crossing guards.jannce? janiceejennifer,we're live here at barclay and 21st. it didn't take long barclay and 21st. we're live here at barclay and 21st. it didn't take long for us to find plenty of parents whoonow say pheir children will be put in danger.the crossing guard here today she left n tears.she , - has had several close calls... because the department of transportation basee on the number of kids that cross everyday...and cars thht pass...she's ánot needee. for the past four years... carmeliia barrholomew has come to thh saae ntersection, and put on her vess and hat. hat.whatt egan as a thankless job...today,it leaves her in te. tears.the city department of transppr
is targeting jp morgan, deutsche bank and barclays for oil trade manipulation. barclays could be fined $470 million after 19 questionable trades in the last two years. jp morgan was asked to turn over emails that may shed light on alleged market manipulation in california and the midwest. the bank turned over some documents, but is still under investigation. the firms call the allegations over-reaching and plan to fight back. big businesses are struggling to stay afloat after hurricane sandy. downed cell towers and power outages put a damper on cell use. verizon says the effect on its fourth-quarter results could be "significant." airlines lost $190 million. delta alone cancelled more than 3,500 flights, which cut $45 million in revenue last month. and about 300,000 auto dealerships were forced to close due to power outages. hyundai and kia are working to resolve a gas problem. both car companies admit overstating fuel effiency on the stickers in the windows on 900,000 vehicles. epa officials say the mileage was wrong and needs to be corrected. hyundai and kia are lowering the miles per gal
commute. more straight ahead. >>> the barclay break. >> the waiter main break sent sit water on city have streets. jeff hager joins us from the area that was hit the hardest. jeff, what do you have for us? >> the simple answers is that there have been no repairs thus far. the first order of business is to actually shut down the water from that five foot main. you're gonna see we have the water flowing pretty freely, the water running down hill on north charles street all the way to north avenue. we understand that work has been suspended for the night because othe winds and the rain coming down. it appears it may take some time to get this area back to normal. >> reporter: had-heavy machinery claws at the earth where a massive water main dating back to the 20s has now sent torrents of water streaming. >> we have most of the water shut down. it's a situation of turning a few more valves. you can't just turn it on and off. some people may see a bit of cloudiness. >> in the near by senior apartments, when residents like this, check their faucets that cloudy water looked like a mudslide. >> l
ood morning guys,we're live at barclay and 21st. for years... there's been a crossing guard here at this intersection helping kids get to school safely.the guard here innthe afteenoon told us she's had several close calls...but starring today... the kids are on their own. own.the city department of transportation will be removing crossiig guards from intersecttonn.the city says the decision ii based on a pederal standard... wwich says needed at an intersection if and 350 cars per hour.but on &pthe busy streets of east baltimore... parents say it's &pa matter of life and death. "these kids need a crossing watch kids, they need an adult" child gets hit is the ity going to pay for funeral costs?""a lot f kids are going to get hit, greenmont is one of busiest crosswalkk uttt" parents... the city stands by its decision.we'll have more on their side of the story... croosing guards... coming up next half hour.live in east baltimorr, i'm meean 3 first on fox... new eeails obtained by fox 45... show schools about reporting crime. crime. last month... we tood you about school officials
crossing guards good morning guys,we''e live at barclay and 21st. for years... there's been a crossing guard here at this intersection heeping kids get to school safely.but this morning... thes kids are on their own. own.thh city department of transportation will be removing crossing guards from 666of its 466 cityy intersections.the city saas the decision ii based on a federal sttndard... which says a crossing guard is only there are aa least 40 kids... and 350 cars er hour. "getting rid f those intersections, where there's no longgr needed,,did a assssssment, we found 11or 2 chhldren use intersection across the street" "once they stopp they barrel down here, faster than fast so pou don't get hit" pit"although some parents argue it's a matterroo life and death... the city says it stands by it's decision. as for those 66 crossing guarrs... tte city says they're not firing or letting them go... they'll just be intersections.live in east gilliland, fox45 morning news. has died from her injuries. the firr broke out wednesday morning... at a house on blake court.when firefighters arrived
the quarter and the decline in debit card volume has been slowing. >>> and barclays being accused for allegedly manipulating prices. the bank and four former traders are said to have carried on out the activity from 2006 to 2008. barclays says it will fight the agen agency. and politics in europe not getting any better. david cameron, rebels within his own party voted against his eu budget plan. not what cameron was hoping for. he's worried it could lead to britt continue leaving the european union. there's a sense here as britain goes through austerity why we continuously are upping the budget for the european union, right? which i think a lot of people -- >> no, but of course given all this in the run up to these budget talks, it's clear that any fractions are being exacerbated -- any frictions are being exacerbated within the eu, will britd continue ultimately call a referendum? >> renegotiate. >> one of the questions that remains is how the retail sector will be affected by the storm. en early sense of will is likely to come from same store sales figures released throughout th
baltimore ith more on why the hanges were put into good morning guys,we're live at barclay and 21st. for yearr... there's een a crrssing guard here at this intersection helping kids get to school safeey.the guard &phere in the afternoon told us the kids are on their own. - own.the city deparrmentt f transpootation will be removing crossing guards from 66 of its 466 city inttesections.the ccty says federal standard... whiih says a crossing guard is ooly needed at an intersection iff and 350 caas per hour.but oo the buss streets of east baltimore... parents ssy ii's a matter of life and death. "these kidssneed a crossing guard, innmooning time, whose watch kids, they need an adult" going to pay for funeral y costs??"a lot offkids are &pgoing to get hit, greeemont i there!"despite arggments fromm parents... the city standssby its decisiin.weell have more &pon their side of tth story... plusswhat happens to those 66 prossing guards... coming up next half hour.live in east balttmore, i''mmegan gillilandd fox45 morning news. 3 first on fox... new emaals mmrr problees inside city crime.
a look at barclays coming under fire by some shareholders, maybe barclays should spin off or break up the bank, so with that kind of chatter from the chair holders we have seen barclays coming under pressure down about 5%. back to you. tracy: thank you, nicole. it is amazing what chatter can do. it is like when kids play telephone. the dow down 66 points. coming up, republicans meeting with several ceos on the fiscal cliff. we will have the latest on where things stand. republican senator john barrasso will weigh in from capitol hill. more as we head out to break, the dollar is down against just about everything except the japanese yen, which is up. the dollar down against all of it. we will be back. and waiting in line. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. postage for all your letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certified. international. and the mailman picks it up. i
to their word on the first page submit by ms., barclay who says we mirror the light wells they don't mirror their light wells they are 2 feet short on both end and so they are going to have a full wall sitting in the deck and is they finally added the deck and is set backs on both ends. they also extend far past all of the neighbors. since when did the residential design guidelines, permanent these wild extensions deep extensions under the rear yard look at the way the building is currently lined up right now the buildings are pretty much lined up all the way across miss may beels building is the one exception and that is a historic building but this current building goes even yet past my client's building and is that what the residential design guideline stand for to expend into the open space here three stories? that is not how i interpret them. finally the issue of the demlation in this case it's a demolition, the department called at that demolition when they first came into the department and i'll submit this, the department twice said very few existing walls have been retain on t
. breaks free. 27-yard touchdown. 171 yard. two tds. driving again. barclay. stayed down for a while. he would leave the game. then with less than two minutes left. ucla. traeg to stop usc. thigh block. the field goal. this baby is history. then gets the gatorade bath. 38-28. second quarter. irish up. 34-yard touchdown pass. 28-0. notre dame. third quarter now. up 31-0. bay area guy. george atkinson. hits pay dirt. 38-0. at that point. that is your final. they remain undefeated. harvard/bills quarterback. ryan fitzpatrick. the game between harvard and yale. takes the handoff. harvard beats yale. for the sixth year. in a rope. 34-24 is your final. to the big time. allen smith. questionable for the showdown with the bears. quarterback has not been fully cleared after suffering a concussion last sunday. offensive lineman. dealt with concussions before. described what the final step is. for smith to return. for me it was like i basically. with my helmet. the quarterback would be different. it's their job. their consistent. we wish alex smith the best. what about, the raiders head coach. and
but the matching trade, the pairs trade here, you look at barclay's exchange traded fund for the bonds, behind the june 124 puts, this profits if the tl. the fund goes lower, tl t fund. >> and, again, what are the fundamenta on bonds? i mean, we have got record low interest rates, one could question whether that is a safety trade or some other kind of trade, bonds which were shunned in the early 1980s at 15 percent yields all of a sudden we can't get enough of them now, now what is going to be the catalyst? i think this fund flow dynamic between exes and bonds and the unwinding of some of these pessimistic trades on equities could conspire particularly as we move into the new year to tip the scales and start moving things in the opposite direction of where they have been going. >> is complacency, though, too loti point to see that kind of optimism begin to build upon itself? >> i don't think we really have come complacency, we had an over played volatility play that imploded on itself and no better illustration that preelection people who bet on volatility popping, we got a three, four, fiv
the knicks in the new barclays center. 38-year-old jerry stackhouse of the nets led the way in overtime for a 96-89 win over new york. >>> but it was this play, nicks star, carmelo anthony, that made the shot of the night as it hit the rim, it bounced off the backboard and then bounced right through the hoop for, shall we say, a lucky three-point shot. he knows it there. >>> well, just ahead, the reviews are in for lindsay lohan's elizabeth taylor, and brad pitt defends his chanel ads. >>> plus, we'll tell you why you don't want to mess with this crime-fighting nanny. you're watching "early today." no problems in the west today. it's tomorrow we'll deal with a couple storms that will move through. temperatures today, seasonal, 60s in southern california, 80s near phoenix. northwest after a chilly start getting up into the 50s. as advertised as we get into wednesday, we introduce a chance of rain about everywhere. a large storm system has dragged out. as it slowly slides onshore, the heaviest rain also be in northern california and into the mountains. still a chance of rain in the northw
basketball match-up between maryland and kentucky at the barclays center in brooklyn could give us some great insight into the upcoming season. can the defending champs repeat with five fresh new starters? do the terps have the talent to live up to the season's high expectations? the acc is expected to be more wide open with duke and north carolina turning in extremely young rosters. a winfrey against the defending champs could be a -- a win friday against the defending champs could be a boost in confidence to carry the terps far this season. >> everyone was excited, first game of the season, new arena, bunch of new young guys playing. >> i have an understanding with coach morris and i'm more relaxed on the court because i know what coach wants. i know what the timeouts and what we need and i've been able -- team wants and what we need and i've been able to watch all last year. >>> the wizards looking for revenge against the celtics. this rookie says he thinks the three days of rest will be the recipe for his improvement. >> i think it's an advantage, gives me time to recoup and practice and
the barclay area from pen station to 21st street. many other roads are still affected. now, since this break is so large, it's going okto take a while to fix. you will want to stick with 82 until the repairs are complete. i will be tracking the delays of your commute tomorrow beginning at 4:30. ♪ chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. >>> i think that we have a player for you. sam gordon. he rushed for 2,000 yards and 35 touchdown and 'csam also ha 65 tang tackles and this 9 year old and sam also goes by samantha. she is kicking the tails of boys bigger and stronger. >> you go sam. >> go sam go. >> 18 years from now she is going to have everybody cracking up in line how she get here and say ñrthat i was an early voter and my mom and dad could not make it to the hospital so they invited some nice men and woman over to deliver me. my mom said that i beat the opening of the poles and got i heck
're going to have many great games together. >> and start it now. the terps, the barclay center classic and host leu brooklyn at 7:00 p.m. the terps are 2-1 is this season. the wizards held practice and the team can't find their magic. the second straight year, they're the only nba team without a win. zero-7 is their record. saturday, the next chance and if they lose to the utah jazz 0- 8 would match the worse start in franchise history. you can't say they haven't been competitive. four of seven games decided by six points or less and does this feel better than last season? >> and this is never fun to lose. we have competed every, pretty much every game. i don't know. i'm not into comparisons. i'm worried about this team and us going out and doing the things we're capable of doing to win the game. and, you know, i still, you know, have great believe in these guys and we can do that. >> d.c. united lost to the houston dynamo last sunday, 3-1 and the first leg of the eastern conference finals. this sunday to advance to the mls cup the first time in eight years, they must score two goals,
. transportation moving slowly take a look at this video just in, massive lines of people wrapped around barclay center in brooklyn all waiting to get on bus. also, laguardia airport reopened with limited flights. subways and ferries resuming with limit service. the governor has authorized all fees and fares to be waived for public transportation. new jersey cannot catch a break natural gas fires are in some places, gaslines are broken and hissing all over the jersey shore. >> you hear the open gaslines going. just scared to death. >> reporter: the superstorm has killed at least 74 people two little boys, brothers missing in new york swept away by flood areas 10,000 national guard are in 13 states. department of homeland secretary napolitano will tour some of the disaster areas today. she said superstorm sandy could be among the most expensive in united states history. there's controversy over the new york marathon which is supposed to take place this sunday. mayor bloomberg and organizers say the race will go on. critics say no way they are going to let that happen. we'll have to see. katie mar
in tonight, the u.s. federal energy regulatory commission accusing barclays in its traders of manipulating california energy markets from november 2006- december 2008. it says the bank should pay roughly $470 million to settle allegations. also ordering to show why the penalty should not be theft. you will remember, under scrutiny for the interest-rate manipulation scandal of the summer. again, regulators accusing barclays and traders of manipulating the california energy markets. the beat goes on. this is like covering the cop shop. up next, the eastern seaboard slowly pulling itself back together in the wake of hurricane sandy. some of the artists of people a small business owners and of people who put their lives into their company now staring a devastating losses. he with resources and tips for rebuilding, ceo of the take business services. thanks for coming on. give me a sense of how many people who have small businesses might have been impacted here. >> clearly in the northeast region business has gone significantly impacted, and businesses in a lot of different areas, health-related
and the big wall street investment banks like morgan stanley, goldman sachs, barclays, and j.p. morgan, who made billions investing hundreds of billions of dollars of their clients' money. >> the investment banks facilitated it. you know, they found folks to write papers espousing the "benefits" of investing in commodities. and then they promoted commodities as an "asset class," like you could invest in commodities just like you could in stocks or bonds or anything else, like they were suitable for long-term investment. >> dan gilligan of the petroleum marketers association agreed. are you saying that companies like goldman sachs and morgan stanley and barclays have as much to do with the price of oil going up as exxon or shell? >> oh, absolutely, yes. i tease people sometimes that-- you know, people say, "well, who's the largest oil company in america?" and they'll always say, "well, exxon mobil or chevron or b.p." but i'll say, "no, morgan stanley." [ticking] >> coming up... >> is there price manipulation going on? >> i-i can't say, and the reason i can't say is because nobody knows. our
a rough start to the week for new york commuters. thousands of people waited outside the barclays center in brooklyn to board packed buses for midtown manhattan. service has been restored on key subway lines but feuer trains than normal are not running. >>> if there is isn't enough bad weather already there could be another storm headed to areas devastated by sandy. forecast terse say a nor'easter couud bring heavy rain and moderate winds and flooding wednesday and thursday t could hamper efforts to restore electricity. >>> we have the first person to ever climb 103 floors of chicago's willis tower wearing a mind control prosthetic limb. bauder lost his right leg in a motorcycle accident. those are the news headlines on the fox business network. back to tracy. tracy: nice to hear some good news in the midst of all this, lauren green. thank you. pretty inspiring. the final day before, of campaigning before president obama and republican hopeful mitt romney face off in the election. our next guest says it all comes down to two states and enthusiasm from romney supporters. joining us now, g
, are stocks going to skyrocket if we do see a deal on the fiscal cliff reached soon? barclays head of research larry cantor is going to weigh in on that one. >>> also after the bell, profiting from poverty. it may sound bad, but it's a really good thing for the struggling bell. we'll explain why that's the case later on the "closing bell." stay tuned. and all of a sudden, ka-plam. it blindsided us. what is it? our college savings account. how do you think it happened? not sure. i think something we bought a while ago turned out to be something else, annnnnd, i remember a lot of other stuff in there had the word "aggressive" in it. is everyone okay? well, now, yeah. who knows later. ♪ ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. the new 2013 lexus ls. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only
about. move outside of treasuries. if you look at barclays, whether it's their high-yield index or investment index, they're not at their best levels, but they've been big movers. the biggest issue is the taxes surrounding munis. that was started in '07. all-time new highs today. even if you look at the lipper or barclay indices, it reflects the same thing. in a way, it's sad. in a way, it isn't. it underscores all of these tax implications that are moving trades are counterproductive to the democratic theme because they are circumventing the positives that are supposed to be through tax structure. i guess it really argues for reform. if all the money you're supposed to get from these companies is getting pulled into today's tax rates. >> what about that market? there are those who say get into the high yield, go to the munis since taxes are going to go higher. are they expensive now? has that become a crowded trade? is it too late to get into them? >> you know, the way we're looking at it right now is obviously capital is going to chase yield. when you can't get any yield in th
.m. show. back to you on "power lunch." >>> joining us on the phone now, barclays aerospace and defense analyst carter copeland on the reorganization that we led the news with this hour at boeing. carter, you've had a buy rating on boeing for two years now. was the timing of the boeing announcement the day after the election reactionary or has this all been in the works for a while? >> look, i think it is safe to say that boeing is engaged in a cost reduction efforts that are similar to those we've seen around the whole industry. but look at some of their large cap defense peers, companies like lockheed martin, we've seen head count reductions, we've seen facilities reductions as these companies try to get ahead of a declining defense budget and tougher times ahead that we've seen for a couple of years now. the fiscal situation's not a particular surprise to these companies. i think these are decisions that take time and plans that take considerable time to get into place. so i would say it is more coincidental that you get an announcement like that today. but it certainly is going to g
out is barclays, which posted a loss ahead of two new investigations into trading. hyatt hotels' higher third- quarter net income was due to recent hotel buys in the u.s. and mexico and renovations to current properties. clorox was up on price increases on its products, and garmin had higher profits on reduced costs and sales increases in its mapping products. still to come, disney is buying the star wars franchise. find out who emerges as the big winner in the deal later on. but first, investors are running to bonds as a safe play. but there are some hidden risks you need to know. that's next. carl icahn has an eye on netflix. his hedge fund acquired a 10% stake in the company. netflix shares shot up nearly 14% to $79.24 on the news. according to reports, the famous investor held talks with netflix about larger stakes. he said the company's video streaming and international project could make it an even bigger player in the industry. icahn told bloomberg news that netflix has the best platform for growth in tablet computers and so-called smart televisions. a record amount of mo
will likely say the economy created roughly 130,000 jobs in october. barclays ecomist chael gapen expects the unemployment rate will hold steady tomorrow at 7.8%. and gapen expects the pattern of moderate job gains over the last year will be the pattern for the coming year, too. >> 150,000 to 160,000 jobs a month may not be a bang-out kind of number that gets everybody happy, but it's going to work. it will work in the sense of gradually reducing slack, gradually re-employing the unemployed, and pushing downward the unemployment rate. >> reporter: manufacturing was a soft spot in the adp report, showing a loss of 8,000 jobs. but it was no surprise, given the recent slowing in global sales. >> six out of the ten top markets that we have are seeing a contraction right now. and it is very tough for them to make inroads in terms of increasing exports to those nations. >> reporter: but housing looks relatively strong; autos and machinery, too, and that should boost manufacturing in the coming year. >> the big hiccup, of course, is what is going to happen with policy, what is going to happen wi
. they will play saturday without their pop player. matt barclay has a strained soldier -- shoulder i should say. brad kozlowski officially a nascar champion. he held out 5 time champ. keselowski won first in the sprint cup championship. >> a show down between wal-mart and workers. they are threatening to walk out on black friday now wal-mart fighting back. >> twoeld you about people lining up for black friday shopping. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. i can adjust it if i need to...if my back's a little more sore. and by the time i get up in the morning, i feel great! if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. the
barclays center. 38-year-old jerry stackhouse of the nets led in overtime to a 96-89 win over new york. >>> but this was the play of the day. knicks' carmelo anthony made the shot of the night as his jump shot hit the rim, bounced to the top of the backboard and then right through the hoop. for one very lucky three-point shot. that smile, it looks like he knows. >>> now for another look at the weather, here's nbc meteorologist bill karins with the weather channel forecast. he'll take it. >> that was the makeup game. that was supposed to be played two days after sandy hit. >> i knew that. >> they had to cancel it. i know you know that. much anticipated and it delivered. great game last night. here's what we're dealing weatherwise. get ready for a little rain, a little snow mix. the big cities of new england down through the mid-atlantic, d.c. just rain for you. philly should start off as a little rain changing over to snow. new york city most likely will see primarily snow from this. and it should begin in the new york city area close to 10:00 or 11:00 this morning. philadelphia, an hou
....aayz on hand at the barclays center.... 2nddhall...terps down 2...gee it tooshaq cleare for the rim rocker...ties it at 53...15-0 end hat...kyle wiltjer nocks down the three...their frst basket in 6 minutes...cats up len at the line down three.. misses the 2nd free throw... gees the board...put back cutss pt to one...len wwtt a caaeer high 23 points and 12 rebouuds....last chance for howard gets ff a terribleen - shoo...maryland falls by 3 to kentucky in the season opener...72-69 despiteeout 12...nding thh wildcats y loyola opens it ssason tonight...plus our high school pame of the week...at 11-30 on the late edition... we now know the top 12 on "the x faccor".candace dold spoke withhthe eliminated contestant this mmrning.she shares his thoughts with us ton. tonight. 3& or thh first time thhs season, america voted for their favorites. cece fry and jason brook receeved thh hhd to sing for their survival. then, ach of the judges weighed in 3 fox45 news at tenn- "people don't buy that large of a quantity at one ime." time."" 200--fish on a sorority house college prank is aining a l
. >> the maryland basketball team wrapped up the barclays center classic tonight as they hosted liu brooklyn. let's say the terps might have had the height advantage, six players over 6' 7, liu brooklyn just one. that was of the difference in this one. mark turgeon in his second season at maryland. early in the game the terps off and running after a brooklyn miss. if it is dez well -- it is dez wells who finishes it off. terps now struggling thanks to 15 turnovers. garner misses. thompson does not. brooklyn within three. however, they were down nine at the half. 2nd half james padgett and alex len the s.w.a.t. team. his reward? the slam down the lane, the pullup for show. he finishes with 18. the terps with a 15-point lead and control the game the rest of the way. off the turnover here the freshman seth allen alone for the flush. he would score a team high 19. the terps improve to 2-1 with a 91-74 win over liu brooklyn. >>> the wizards held practice today. this team still can't find their magic. for the second straight near they are the only nba team without a win. 0-7 is their record. tomorrow
government demand that? >> business can hardly keep up with the corporate climb. barclays, jpmorgan chase, now, wasko, 3 billion-dollar fine. we have to save these corporations. they were built on the backs of american workers. build buildout by american taxpayers. recording cord profs. sitting on trillions of dollars, keeping them away from their owners and the investors and the workers. neil: are you sayi that there was crime involved? there was no crime involved. are you saying that all of these guys ae typical? in other words with that there are more bad guys and good guys? >> the big guys have too much power and are too big to fail and all that. >> leches take the fortune 500. would you say, you mentioned three prominent companies. would you say that is 3%? 5%? 50%? i just disagree with that. >> if you look at the reports, my book that you've mentioned, those are reports from "the wall street journal." the ap, "washington post", 60 minutes. we live in a corporate world. there are not enough on the corporate crime beat. neil: economic gloom and doom is actually helping this gentman al
for carrying out the unauthorized trades. >>> ft supggests barclays is being pressured to spin off the investment division. it also admits most investors like the business because it adds stability. so still to come on the show, fresh off the back of a solid black friday for u.s. retailers, e mercy sites are gearing up for their biggest day of the year. will the money keep rolling in? we'll take a look when we come back. >>> we are pointed lower after pretty good gains last week. yields in spain and italy slightly higher. not by much. you're re dollar moved away from the month high we had on friday. dollar index has been down about a three week low. dollar-yen also moved away from the 7 1/2 month high of 82.8 # we hit last week. and sterling-dollar steady at 1.60. it's all about online. cyber monday the biggest day of the year for online retailers. this year shoppers expected to spend more than $1.5 billion. that's according to com score. so what does it mean for amazon? diana got an inside look. >> from the moment you check out at amazon.com, the process begins. your item is picke
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